1). Ideally, I would stay with the business as long as
possible and keep it within the family if someone in the future would like to
carry it on. Having any type of dietary restriction is a personal struggle that
gives me a distinct passion to want to stick with this and improve it as much
as I can. Keeping it as a family business would be a great way to continue on
with the legacy and allow future generations to develop the idea even further.
2). Staying with it and continuing to improve in the years
to come would make me the happiest because I want to help people like myself
expand their options and selection when it comes to types of food they can eat.
Having a personal stake in the venture makes me want to stick with it, and I
would hope someone in the family would want to carry it on if it becomes a
successful family business.
3). I definitely think that having a personal connection has
made me more invested in the business idea overall. It may have introduced some
bias early in the process because I may have thought because I identify with
it, others will too, but I think I have developed it enough that now it is
applicable for a wider market. It has also influenced my growth intentions
because I do believe that making anything more personal makes you want to
succeed that much more.
Hi Michelle,
ReplyDeleteI totally agree with your strategy. I really admire your passion for your business. I really respect the fact that you would never want to sell it. I believe that will be key in making your exit strategy successful. If you have time you can check out my blog at: http://entgabiefleischer.blogspot.com/2016/04/my-exit-plan.html